Sovereign Patent Funds: Insights and Implications September 2014
Since 2010, jurisdictions including South Korea, Japan, France and Taiwan have moved to establish sovereign patent funds (SPFS), a new type of investment vehicle intended to acquire strategically important intellectual property assets and, in so doing, promote national economic objectives. What are these organizations? What are their objectives? And what are the key implications for policymakers? This paper provides early-stage answers to these questions. It begins by providing an overview of the functions and objectives of existing SPFs, and analyzes both potential advantages and criticisms of these new vehicles for public policy. The final section of the paper examines the implications of SPFs for policymakers in other countries, including Canada, which have not yet established similar funds.
Canada’s Billion Dollar Firms: Contributions, Challenges and Opportunities July 2014
How does the Canadian economy perform in the creation of billion-dollar firms? Does firm size make a measurable difference in shaping the performance of the Canadian economy? What are the key drivers of growth among Canada’s largest firms? How significant are their contributions to domestic employment and research and development (R&D) spending? And what can the Canadian government do to help Canada’s largest firms continue to achieve success in the global economy? This presents a demographic analysis of Canada’s largest firms, their contributions to Canadian employment and research and development spending, as well as a jurisdictional analysis of Canada’s performance in producing globally competitive firms relative to a series of comparator economies, including Australia, Germany, Sweden, the United Kingdom and the United States. Download PDF